"The City was honored with this award for its forward thinking by creating the Minneola Mountain Community Redevelopment Area to propel the Florida Turnpike Interchange project forward," explained Minneola City Manager Mark Johnson.
"Over a decade in the making, the project is expected to inject nearly one billion dollars into the area's economy over the next 30 years," he said.
"This will spur economic development for all of Lake County and help bring more good jobs to the area."
The State of Florida has committed thirty million dollars towards the construction of the interchange in Minneola. Construction on the project is expected to begin within the next twelve months.